Usacomplaints.com » Business & Finance » Complaint / Review: Bank of America - Mortgage Change stonewall. #576608

Complaint / Review
Bank of America
Mortgage Change stonewall

I'm some of those 400,000 CountryWide mortgage loans which were created after 2006 and before 2009 the our authorities offered 8.4 Million bucks to Lender of National, once they consumed national, to assist right the injustices performed by Countrywide to us. Exactly what the heck if W Of The performing with that cash? They're not utilizing it for that Obama applications that account mortgage adjustments since that arrives of the completely individual account in the government. I don't be eligible for any present national strategy since my mortgage meets the $729,000 maximum permitted for that applications. I'm a senior, and was retired at that time of the loan, possess a cost choice, SUPPLY, negative amortization loan, the worst poisonous loan available. I got the mortgage out with CountryWide in 2007. They did anything possible to persuade me to consider the mortgage including overstating my revenue by 100%, getting out a piggyback HEL to assist fund the initial mortgage and declining to inform me the reported funds about the "great faith estimate" might lead to negative amortization. I understand that I'm accountable for my steps however they were misleading within the software. A significant prepayment penalty held me from rescheduling the mortgage after I understood that which was happening. I'm currently up side-along in my own mortgage by more than 50%, haven't been overdue or skipped a cost and also have outstanding credit. Hardtimes have struck me of course if nothing is performed over the following year I'll most likely shed the house whilst the only means I'm making funds today if from my savings, that are not that significantly.

How do I discover what they're performing using the 8.4 Million (3.5 reserved for CA) which was directed at them to assist out individuals like me? Do I've an incident for legitimate motion? Support


Offender: Bank of America

Country: USA   State: California   City: Brentwood [Contra Costa County

Category: Business & Finance

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